Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: re3 who wrote (62256)	11/20/2008 6:07:47 PM
From: marcos	Read Replies (2) of 78407

No idea ... you think the dust will ever settle? ... i just feel more comfortable in the home currency, that's a big part of it, plus we do seem to have less problems than the US, though that could change, when they get a cold we get pneumonia bla bla bla, sure Two reasons i did this today, one is that it's back very near the october low, and second, today was a three per cent move, may or may not prove to be blowoff leading to change of direction, we shall see On energy Canada has a definite advantage, and it seems clear that even with crude tanking we're still burning it up fast, depletion is pretty constant and well above rate of replacement ... ultimately this will count huge ... i dunno, just have a general feeling that the loonie is cheap now so maybe a good idea to buy some ... check out the weekly here, quite dramatic - stockcharts.com Big difference from gold/usd - stockcharts.com .. closer to gold/euro - stockcharts.com

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